MongoDB at $1.5B in Revenue — An Epic Growth Story
SaaStr
JULY 24, 2023
Are we near or past the lows in SaaS and Cloud buying patterns? 2 — New Workloads Are Only A Small Percentage Of Today’s Revenue, But Are The Majority Of Tomorrows. They milk the base, and the new customer account doesn’t remotely approach the new revenue growth rate. High NRR is magical, but NRR as a metric isn’t a GAAP metric.
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